EUR/USD CWW - RENKO 7 PIP BRICKS image

Wolfe Waves - Get in the Zone

Thanks mate. May I ask what platform you are using? I was messing around with some Renko charts last week but when you have many Renko charts up on meta4 it can get bogged down and really slow.

Wolfe Waves - Get in the Zone

Not pretty but a winner nonetheless. Price only declined about 10 pips below AB=CD then ultimately reversed back 80 pips or so exactly to the pip to the target line EUR/GBP 1H CWW image

Wolfe Waves - Get in the Zone

No it's not. Point B needs to make a lower low from point X. Also, The first chart you posted shouldn't be a "lose" because the wave was invalidated at point C Post #1 diagram: image

Wolfe Waves - Get in the Zone

I just can't see where the pattern is that your posting so I can't really comment

Wolfe Waves - Get in the Zone

I love using Renko. What's your brick size here?

Wolfe Waves - Get in the Zone

Order cancelled, D leg synmmetry too long and drawn out.

Wolfe Waves - Get in the Zone

NZD/JPY 4H CWW UPDATE This is how it supposed to work in a perfect world. Price rejected exactly at AB=CD which used to be support but has now turned to resistance. Although ABCD candle symmetry isn't perfect the price action on both waves was ...

Wolfe Waves - Get in the Zone

Thank you for all of the informative posts, so much to go through and digest. Will be away from the computer until morning. I'm interested and reading through everything Cheers, -Kurt

Wolfe Waves - Get in the Zone

I don't see any WW in there. I'm confused as to what you were trading

Wolfe Waves - Get in the Zone

Yes I noticed that smaller wave as well but as I said the indi doesn't pick up the larger wave in play because of the choppy price action on the D leg. None of the exdepth settings will allow the zig zag to find the wave. I believe the bigger wave ...

Wolfe Waves - Get in the Zone

I tend to stay way from smaller time frames but I couldn't resist this little scalp attempt. Just trying to pick up 20 pips while risking 10. Fibo confluence, and a little hidden bullish divergence (not very powerful on such a small time frame ...

Wolfe Waves - Get in the Zone

The indicator couldn't pick this one up because the D leg was too choppy, but I've been tracking this one manually for a couple of weeks. Most traders would ask why try to catch a falling knife. Well, I've always been a contrarian trader and ...

Wolfe Waves - Get in the Zone

Hi Rees. Not really gone wrong just entered to soon and as a result your stop loss isn't going to work. I posted this same wave on post #1154. Please check it out. So far I only got two small positions filled out of a possible eleven. Hopefully ...

Wolfe Waves - Get in the Zone

Well said my friend. Yes, I removed the anti wave from the thread as it just seemed to add confusion, especially for new traders. Probably a bad idea by me from the start.

Wolfe Waves - Get in the Zone

Hi Stuart. Thanks for dropping by. Greens pips to you my friend. I wasn't offended that not many charts were being posted. I just think it helps all of us by seeing what does and doesn't work. Plus, time constraints makes it hard to find all the ...

Wolfe Waves - Get in the Zone

I agree. Analyzing and learning from losing trades is a trait most successful traders have.

Wolfe Waves - Get in the Zone

Looks good. I'm loving that template!

Wolfe Waves - Get in the Zone

I have to admit it's a little disappointing that traders rarely post any set ups here.

Wolfe Waves - Get in the Zone

Thanks P. I was thinking maybe something like that

Wolfe Waves - Get in the Zone